Ethan Varian

Staff Reporter (Retail, Nonprofits)

Email: evarian@sfvbj.com
Phone: 818-316-3130 Extension: 124

Recent Stories

Salem Media Acquires Financial Publisher

Salem Media Group has acquired former financial analyst Hilary Kramer’s investment newsletters and websites, the Camarillo-based conservative and Christian media company announced Monday.

B. Riley Subsidiary Negotiates South Coast Acura Sale

GlassRatner, a subsidiary of B. Riley Financial Inc. in Woodland Hills, announced Thursday that it advised Coast Mesa car dealer Orange Coast Auto Group in its acquisition of Costa Mesa-based South Coast Acura.

Salem Media Falls on Disappointing Quarter

Shares of Salem Media Group Inc. fell more than 16 percent Thursday after the Camarillo-based Christian and conservative media company announced a worse-than-expected quarterly loss of $2.2 million, or -8 cents a share.

Woodbury Adds Three Board Members

Woodbury University has appointed three new members to its board of trustees, the Burbank institution announced Thursday.

Around the Valleys

News and notes from the greater San Fernando Valley

New American Funding Opens Camarillo Branch

MORTGAGE LENDING: Firm touts fast closing times for homebuyers.

New mortgage lender in Camarillo.

Hemp Dust in Your Coffee At NoHo Cafe

CBD ‘mood enhancer’ helps with recruiting new customers.

NoHo café sells coffee with hemp compound.

Semtech Investments in Internet of Things Pay Off

TECHNOLOGY: Patent acquisitions work for Camarillo chip maker.

Semtech’s acquisition strategy spurs growth.

Funk Meets Finance

A group of small retailers feels that escalating rents will ruin the charm they’ve built in Magnolia Park.

Rising rents threaten Burbank small businesses.

California Resources Reports Loss of $82 million

California Resources Corp. reported a worse-than-expected quarterly loss of $82 million, or $1.70 a share, the Chatsworth oil and gas company announced Thursday.

Dole Completes Merger with Total Produce

Dole Food Co. finalized its merger with European fresh produce distributor Total Produce Tuesday in a $300 million deal.

Baskin-Robbins Opens 8,000th Store in Thousand Oaks

Ice cream chain Baskin-Robbins opened its 8,000th store in Thousand Oaks on July 25.

Senior Services and Children’s Charities Combine

NONPROFIT: OneGeneration acquires Grandparents as Parents in non-cash deal.

San Fernando Valley nonprofits merge.

Marijuana Map: Illegal Shops

RETAIL: Amid crackdown, neighbors cite odor, rent hikes.

Businesses not happy with illegal pot shops.

Preview: Marijuana Map: Illegal Shops

As city of Los Angeles cracks down on dispensaries, neighbors complain of odors and potential rent hikes.

IHOP Launches Meal Delivery Partnership

IHOP has launched a new delivery service at more than 300 U.S. locations through a partnership with on-demand delivery app DoorDash, the Glendale-based restaurant chain announced Tuesday.

Princess Cruises to Host Slot Tournaments

Princess Cruises has partnered with the makers of Monopoly-themed slot machines to host tournaments on hundreds of cruises this year, the Santa Clarita-based company announced Friday.

Tease photo

Avery Dennison to End Pension Plan

Avery Dennison Corp. will discontinue its pension plan effective Sept. 28, according to a Securities and Exchange Commission filing by the company.

B. Riley Financial Names Co-Chief Executive

B. Riley Financial Inc. has made new appointments to key executive positions including co-chief executive, the Woodland Hills financial services firm has announced.

IHOP Reclaims Name, Ends IHOb Campaign

The Glendale-based restaurant announced Monday on Twitter that it has changed its name back to IHOP.

Retail Landlords Look to Repurpose Big Boxes

LIST: Traffic strategy shifts from department stores to gyms and theaters.

Mall owners repurpose space.

B. Riley Combines Wealth Management Shops

ADVISORY: New name and rebranding effort to be complete later this year.

B. Riley Financial renames, rebrands subsidiary.

Debt Load Could Derail Cherokee’s Longevity

APPAREL: Shares of the Sherman Oaks licensing company have dipped.

Cherokee Inc. faces liquidity issues.

Priority Fundraiser

Brigette Loden left a career in securities to run nonprofits. Now she applies her finance skills to fund Valley charities.

Profile: Brigette Loden of Community Foundation of the Valleys.

CSUN Appoints New Athletic Director

California State University – Northridge has appointed Michael Izzi as its new athletic director, CSUN President Dianne F. Harrison announced Monday.

Sears Store in Thousand Oaks to Close

The Sears department store at the Janss Marketplace in Thousand Oaks will close this fall.

Tease photo

Food Broker Co-Sales Acquired by Impact Group

Retail sales agency Impact Group Inc. has acquired Sherman Oaks-based food broker Co-Sales Co. for an undisclosed amount, the company has announced.

B. Riley Financial to Rebrand Subsidiary as B. Riley Wealth Management

B. Riley Financial Inc. announced Tuesday that its subsidiary, stock brokerage and investment advisory Wunderlich Securities Inc., will change its name to B. Riley Wealth Management Inc.

Higher Costs, Tax Reform Pinch Nonprofits

LIST: Organizations train donors on navigating new rules on contributions.

Valley charities face fundraising challenges.

Mall Closures Open Doors for Dave & Buster’s

REAL ESTATE: Eatery and arcade chain moves into Northridge vacant space.

Dave and Buster’s opens at Northridge Fashion Center.

Tall ServiceTitan

TECHNOLOGY: Software startup lands venture capital, says company worth ‘in the neighborhood’ of $800 million.

ServiceTitan gets $62 million in venture capital.

Cheesecake Factory to Debut New Chain in Thousand Oaks

Cheesecake Factory Inc. plans to open a new Asian fusion restaurant chain, which will make its debut at the Promenade at Westlake in Thousand Oaks this fall.

Limoneira Stock Offering to Fund Chilean Acquisition

Limoneira Co. is offering around $60 million of its common stock to help fund the acquisition of a ranch in Chile, the Santa Paula agribusiness company announced Wednesday.

EPA Orders Groundwater Cleanup

The Environmental Protection Agency has ordered two aerospace manufacturers to spend more than $21 million to clean up groundwater contamination at a Superfund site near the Hollywood Burbank Airport.

Dole Appoints President of Fresh Vegetables

Dole Food Co. Inc. has appointed Michael Solomon as president of Dole Fresh Vegetable, the Westlake Village company announced Tuesday.

B. Riley Participates in $1.4 Billion Rent-A-Center Acquisition

B. Riley Financial Inc. has partnered with Vintage Capital Management to acquire Rent-A-Center Inc, the Woodland Hills financial firm announced Monday.

Princess Cruises Screen World Cup Matches on Deck

Princess Cruises has begun broadcasting this year’s World Cup soccer matches for guests aboard nine of its cruise ships.

Tease photo

Cherokee Quarterly Report Hints at Insolvency

Cherokee Inc. could face the prospect of bankruptcy, the company announced in an earnings report on Thursday.

Judge Approves AT&T Purchase of Time Warner

A federal judge has approved AT&T Inc.’s acquisition of Time Warner Inc., the parent company of Warner Bros. Entertainment in Burbank.

IHOP Rebrands as IHOb

IHOP is temporarily changing its branding to IHOb as part of a marketing campaign to introduce a new line of burgers, the restaurant announced Monday.

Tease photo

Shopping App Eases Store Exit

RETAIL: Ralphs tests scanning technology at Studio City store.

Ralphs in Studio City tests checkout app.

Valley Country Mart Seeks Boutique Tenants

DEVELOPMENT: Mix to include fitness gym, bakery and coffee shop.

Valley Country Mart seeks tenants.

Burbank’s Futurist

Former mayor Thomas Flavin now works on economic development as chamber CEO.

Burbank Chamber CEO Thomas Flavin.

Those Going Broke Blues

Retail: Unless profits improve, S&P predicts Guitar Center will default on debt by 2020.

Is Guitar Center approaching insolvency?

Preview: Shopping App Eases Store Exit

Ralphs tests scanning technology in Studio City.

Atara Hires Former Amgen Exec as CFO

Atara Biotherapeutic Inc. has appointed Utpal Koppikar as chief financial officer.

City Sues Van Nuys Motel in Criminal Crackdown

Los Angeles City Attorney Mike Feuer has filed a lawsuit against the owners of the Hyland Motel on Sepulveda Boulevard in Van Nuys seeking an injunction to curb alleged drug sales, prostitution and violent gang crime at the property, the city attorney’s office announced Thursday.

Cherokee Shares Drop Back Below $1

Shares of Cherokee Inc. fell back to below a dollar on Wednesday, after jumping 34 percent Tuesday on news that the company had sold its Flip Flop Shops retail chain.

Report: Pegi Matsuda Leaving Valley Pres

Pegi Matsuda, a longtime civic leader in the San Fernando Valley, has sent an email saying she will step down from her position at Valley Presbyterian Hospital.

Coinstar to Feature Provision Holographs at Kiosks

A holographic advertising display, powered by Chatsworth-based Provision Interactive Technologies Inc., will be available on Coinstar LLC’s coin-counting kiosks in most Giant Eagle supermarkets, Coinstar announced Tuesday.

Prev